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Ireland · Question · written

PQ 78

78. Deputy Willie Penrose asked the Minister for Finance his plans to keep the Central Bank industry funding levy at current levels for credit unions up to, including and post-2021 in view of the fact that credit unions continue to encounter financial difficulties particularly in relation to income generation and return on assets resultant from low interest rates, low loan to asset ratios and high cost income metrics; and if he will make a statement on the matter. [25321/19]

askedIreland· Dáil Éireann· EN

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19 June 2019

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19 June 2019

Summary

78. Deputy Willie Penrose asked the Minister for Finance his plans to keep the Central Bank industry funding levy at current levels for credit unions up to, including and post-2021 in view of the fact that credit unions continue to encounter financial difficulties particularly in relation to income generation and return on assets resultant from low interest rates, low loan to asset ratios and high cost income metrics; and if he will make a statement on the matter. [25321/19]

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Credit Union Regulation

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